Switzerland Emerges As Top Pick For Indian Families Building Wealth Over Generations: Report
Switzerland Emerges As Top Pick For Indian Families Building Wealth Over Generations: Report
Scoring 97 points, Singapore has secured the highest employment prospect score among the 15 nations listed.

Henley & Partners, an international wealth advisory firm, recently released groundbreaking research unveiling the transformative impact of premier education coupled with enhanced global access rights. This dynamic combination presents unparalleled opportunities for the upcoming generation, facilitating the expansion of their global networks, optimising career pathways, elevating earning potential, and fostering greater economic mobility, ensuring a lifetime of success and prosperity.

According to the Henley Opportunity Index, Switzerland stands out as the premier global destination for establishing multi-generational wealth, boasting an impressive 85% of the total opportunity score.

The cumulative value of global access and education

Using the comparative function in the Henley Opportunity Index demonstrates how an Indonesian family whose total opportunity score sits at just 25% in their home country could raise the probability of success for the next generation to 82% by accessing residence rights in the US through the US EB-5 Immigrant Investor Program.

Similarly, for an Indian family on 32%, relocating to Switzerland through the Swiss Residence Program would increase their advantage to 85%, and for Nigerians with an opportunity score of just 14%, an investment in the Singapore Global Investor Program, which provides residence rights in the city-state, would uplift their life chances by a remarkable 65% to 79%.

Other investment migration options through the UAE’s Golden Visa and New Zealand’s new Active Investor Plus Visa would give the next generation opportunity advantages of 63%, and 59%, respectively.

Scoring 100 points in earning potential, 95 points in career advancement, and 94 points in employment prospects, Switzerland has clinched the leading position on the index.

Switzerland achieved a score of 75 points in both high livability and economic mobility, while also attaining a commendable score of 72 points in premium education.

Switzerland provides its residents with an outstanding quality of life, consistently ranking among the top countries globally for livability. Renowned for its multicultural and plurilingual society, as well as its robustly stable political and economic environment, Switzerland stands as a hub for numerous international organisations.

India garnered a 32 percent score in the opportunity assessment, securing the lowest position among the top 15 nations featured on the list.

India records one of the lowest scores in economic mobility, registering just 8 points. Conversely, it boasts the highest career advancement score among its various parameters, standing at 43 points.

The Henley Opportunity Index

The Henley Opportunity Index quantifies the impact and probability of success that a premium education coupled with additional residence rights and/or alternative citizenships acquired through investment migration can have on preserving and growing multi-generational wealth.

The Henley Opportunity Index identifies 15 investment migration pathways into countries that are prime locations for educators, entrepreneurs, and inheritors aiming to thrive in the coming decades.

Following Switzerland closely is the United States of America, which secured an impressive 82 percent on the total opportunity score. The US matches Switzerland in employment prospects, both scoring 94 points in this category.

However, it declined to 93 points in earning potential, 86 points in career advancement, and 68 points in high livability.

Employment prospects and premium education in the USA are rated at 74 points.

Scoring 97 points, Singapore has secured the highest employment prospect score among the 15 nations listed.

Singapore ranks lowest among the top five nations on the index in terms of career advancement, with a score of 66 points. Additionally, the nation achieved 55 points in premium education, 65 points in high livability, and 92 points in economic mobility.

A growing number of countries host residence and citizenship by investment programs (also known as golden visa programs) that offer a variety of attractive investment options designed to cater to each family’s unique requirements.

The first-of-its-kind index evaluates and scores the world’s leading residence and citizenship by investment programs across six parameters including premium education and employment opportunities, earning potential, career advancement, economic mobility, and livability to provide a benchmark for investors, entrepreneurs, and wealthy families to compare and identify locations that offer the best ecosystems for future generations to advance their careers and maximise their income potential.

Dominic Volek, group head, private clients, Henley & Partners, said, “Both education and investment migration are ‘inter-generational enablers’ and this is the first study of its kind that attempts to measure the comparative advantage of this potent combination. Successfully balancing wealth generation and opportunity creation are key characteristics of ascendant economies and vibrant societies.”

“Our index helps guide families on tailored investment migration strategies to clear pathways for their children and heirs to access the world’s best schooling, most lucrative job markets, and enhanced quality of life through the privileges and flexibility of alternative residence and citizenship by investment options that give them the right to study, live, work, and invest in countries of their choice.”

What's your reaction?

Comments

https://umorina.info/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!